23XI Racing, co-owned by Michael Jordan, and Front Row Motorsports have filed an antitrust lawsuit against NASCAR and its CEO Jim France, accusing them of monopolistic and anti-competitive practices. The lawsuit, filed in the Western District of North Carolina, claims NASCAR's charter system unfairly limits competition by binding teams to the series, its tracks, and suppliers, while restricting them from participating in other racing events. Jeffrey Kessler, a renowned antitrust lawyer, is representing the teams, which refused to sign NASCAR's new charter agreement and are seeking damages for what they describe as coercive terms. The legal action follows two years of tense negotiations and demands changes to ensure more equitable revenue sharing and governance within the sport. The lawsuit also criticizes NASCAR for operating without transparency and maintaining control over premier racetracks and parts suppliers, which they argue unfairly benefits NASCAR at the expense of teams and fans. This case marks a significant challenge to NASCAR's business model and could lead to transformative changes in the sport.